Singapore based expat lawyer secures Kerrie and Spence's The Block Gatwick apartment

Singapore based expat lawyer secures Kerrie and Spence's The Block Gatwick apartment
Singapore based expat lawyer secures Kerrie and Spence's The Block Gatwick apartment

In the first of the five Block Gatwick auctions, Kerrie and Spence sold for $2.85 million to an Australian lawyer based in Singapore who is planning on leasing it out and then living there when he moves back to Melbourne.

The dream kitchen worth $250,000 is what PropertyDuo buyers' agent Greville Pabst found to be very alluring in the apartment. It scored a perfect 30/30 from the judges in kitchen week.

Singapore based expat lawyer secures Kerrie and Spence's The Block Gatwick apartment

The 1/34 Fitzroy Street, offering had a $2.45 million formal reserve with a $15,000 adjustment based on a contestant winning discount which took the reserve to $2.435 million.

The formal price guidance had been $2.5 million to $2.7 million which attracted eight potential buyers who'd registered.

The opening bid at $2.4 million was taken by David Wood of Hocking Stuart with just the three competitive bidders.

Kerrie and Spence secured $415,000 in prize winnings above their reserve.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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